--- title: "Bank of Russia approves NAUFOR as first self-regulatory body for crypto exchanges" description: "The Bank of Russia approved NAUFOR, the National Association of Securities Market Participants, as the country's first self-regulatory organization for…" language: en canonical: "https://whycoinmoves.com/en/events/bitcoin-russia-approves-securities-group-oversee-87a7a164bdc4ca" published: 2026-10-29T15:06:17.000Z updated: 2026-10-29T16:08:01.000Z indexable: true --- # Bank of Russia approves NAUFOR as first self-regulatory body for crypto exchanges The Bank of Russia approved NAUFOR, the National Association of Securities Market Participants, as the country's first self-regulatory organization for… Attributed sources: [Bitcoin Magazine]() ## Key facts The Bank of Russia approved NAUFOR, the National Association of Securities Market Participants, as the country's first self-regulatory organization for crypto exchanges and digital depositories, Bitcoin Magazine reported, citing Interfax. The registry lists 23 crypto exchanges and eight digital depositories, and firms on it have 90 days to join an SRO. Non-qualified retail buyers can purchase up to 300,000 rubles a year through a single intermediary. Evidence strength: Single source, 1 publisher group(s) (Bitcoin Magazine). After site detection, observed returns were 5 minutes: +0.14% (Oct 29, 2026, 15:06 → Oct 29, 2026, 15:11, UTC; Gate · USDT); 1 hour: +0.70% (Oct 29, 2026, 15:06 → Oct 29, 2026, 16:07, UTC; Gate · USDT) In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.23% (OKX · USDT; cutoff Oct 29, 2026, 15:06, UTC). ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | +0.14% | +0.14% | 0.00 pp | Oct 29, 2026, 15:06 → Oct 29, 2026, 15:11 | Gate · USDT | | 1 hour | +0.70% | +0.70% | 0.00 pp | Oct 29, 2026, 15:06 → Oct 29, 2026, 16:07 | Gate · USDT | ## Historical hourly baseline | Metric | Value | | --- | --- | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.14% | | 99th percentile of absolute hourly returns | 1.23% | | BTC beta | 1.00 | | Source / cutoff (UTC) | OKX · USDT / Oct 29, 2026, 15:06 | ## Claims and open questions - Bitcoin Magazine reported, citing Interfax, that the Bank of Russia approved NAUFOR as the country's first self-regulatory organization for crypto exchanges and digital depositories, with the decision made on October 29. - According to Bitcoin Magazine, the registry lists 23 crypto exchanges and eight digital depositories, including VTB, Sberbank and units of T-Technologies, and firms on those registries have 90 days to join an SRO. - Bitcoin Magazine reported that under Russia's framework non-qualified retail buyers can purchase up to 300,000 rubles a year through a single intermediary, while qualified investors face higher ceilings. - Which specific exchanges have confirmed they will join NAUFOR within the 90-day window, and whether NAUFOR has published membership or standards timelines? - Will the Bank of Russia or NAUFOR publish formal rules on custody and restrictions on transfers to personal wallets, and what would those rules require of depositories? ## Source evidence - [Russia Approves Securities Group to Oversee Crypto Exchanges]() — Bitcoin Magazine; published Oct 29, 2026, 15:03; received Oct 29, 2026, 15:06 (UTC). ## Recent BTC events and market reactions - [Swiss spot bitcoin ETF gains international access on SIX]() — Published Oct 29, 2026, 14:15 (UTC) · Single source (1 publisher) · General news · 5m -0.06% / 1h +1.27% - [Quantum model reduces hardware needed to break bitcoin keys by 17 times]() — Published Oct 29, 2026, 13:55 (UTC) · Single source (1 publisher) · General news · 5m +0.16% / 1h +1.10% - [HTX agrees to leave UK in settlement with FCA over crypto marketing]() — Published Oct 29, 2026, 13:49 (UTC) · Single source (1 publisher) · Regulation · 5m +0.04% / 1h +1.00% - [Bitcoin Magazine explains methods for calculating Bitcoin per share]() — Published Oct 29, 2026, 13:36 (UTC) · Single source (1 publisher) · General news · 5m -0.06% / 1h +1.56% - [Tether's USDT to launch on Bitcoin with privacy and Lightning payments]() — Published Oct 29, 2026, 13:30 (UTC) · Single source (1 publisher) · General news · 5m -0.05% / 1h +1.46% - [Full coin archive]() ## Research for this archive - [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns]() - [Will Bitcoin go back up? Every crash since 2011 and its recovery time]() - [Perpetual funding rates and annualized yield: a 2025 comparison]() - [Bitcoin halving and bull markets: evidence from four halvings]() Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished. [Methods and limitations]()